Updated SORP: charities encouraged to respond to consultation and be ready for change – uk.gov
The ‘Statement of Recommended Practice: Accounting and Reporting by Charities’ (‘the SORP’) ensures consistency and transparency across the sector, making charity accounts comparable, understandable and useful for donors, beneficiaries, and the public alike. It has been updated following an extensive development process informed by the views of engagement partners and a sector specific SORP Committee. … Read more